Ningbo Solartron Technology Co Ltd - Asset Resilience Ratio

Latest as of September 2024: 1.13%

Ningbo Solartron Technology Co Ltd (688299) has an Asset Resilience Ratio of 1.13% as of September 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. Read Ningbo Solartron Technology Co Ltd balance sheet liabilities for a breakdown of total debt and financial obligations.

Liquid Assets

CN¥40.00 Million

≈ $5.85 Million USD Cash + Short-term Investments

Total Assets

CN¥3.54 Billion

≈ $517.65 Million USD All company assets

Resilience Assessment

Low

Financial Resilience Level

Asset Resilience Ratio Trend (2019–2023)

This chart shows how Ningbo Solartron Technology Co Ltd's Asset Resilience Ratio has changed over time. See Ningbo Solartron Technology Co Ltd shareholders equity for net asset value and shareholders' equity analysis.

Liquid Assets Composition Over Time

This chart breaks down Ningbo Solartron Technology Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see Ningbo Solartron Technology Co Ltd (688299) market capitalisation.

Current Liquid Assets Breakdown

Component	Amount	% of Total Assets
Cash & Equivalents	CN¥0.00	0%
Short-term Investments	CN¥40.00 Million	1.13%
Total Liquid Assets	CN¥40.00 Million	1.13%

Asset Resilience Insights

Limited Liquidity: Ningbo Solartron Technology Co Ltd maintains only 1.13% of assets in liquid form.
This low level may indicate efficient asset utilization but could pose risks during economic downturns.
The company has significant short-term investments, indicating active treasury management.

Ningbo Solartron Technology Co Ltd Industry Peers by Asset Resilience Ratio

Compare Ningbo Solartron Technology Co Ltd's asset resilience ratio with other companies in the same industry.

Company	Industry	Asset Resilience Ratio
Akzo Nobel NV AS:AKZA	Specialty Chemicals	2.16%
Luxi Chemical Group Co Ltd SHE:000830	Specialty Chemicals	0.43%
Dyno Nobel Ltd AU:DNL	Specialty Chemicals	13.89%
Lianhe Chemical Technology Co Ltd SHE:002250	Specialty Chemicals	0.44%
Sichuan Tianqi Lithium Industries Inc SHE:002466	Specialty Chemicals	2.06%
Jiangsu Yida Chemical Co Ltd Class A SHE:300721	Specialty Chemicals	4.73%
Asia Cuanon Tech (Shanghai) SHG:603378	Specialty Chemicals	0.02%
Xiamen Yanjan New Material Co Ltd SHE:300658	Specialty Chemicals	1.45%

Annual Asset Resilience Ratio for Ningbo Solartron Technology Co Ltd (2019–2023)

The table below shows the annual Asset Resilience Ratio data for Ningbo Solartron Technology Co Ltd.

Year	Asset Resilience Ratio (%)	Liquid Assets	Total Assets	Change
2023-12-31	1.20%	CN¥40.00 Million ≈ $5.85 Million	CN¥3.34 Billion ≈ $488.30 Million	-0.65pp
2022-12-31	1.85%	CN¥50.00 Million ≈ $7.32 Million	CN¥2.70 Billion ≈ $395.29 Million	-6.21pp
2021-12-31	8.06%	CN¥200.36 Million ≈ $29.32 Million	CN¥2.49 Billion ≈ $363.85 Million	-10.28pp
2020-12-31	18.33%	CN¥400.00 Million ≈ $58.53 Million	CN¥2.18 Billion ≈ $319.27 Million	-11.10pp
2019-12-31	29.43%	CN¥605.00 Million ≈ $88.53 Million	CN¥2.06 Billion ≈ $300.79 Million	--

pp = percentage points

About Ningbo Solartron Technology Co Ltd

SHG:688299 China Specialty Chemicals

Market Cap

$789.79 Million

CN¥5.40 Billion CNY

Market Cap Rank

#10274 Global

#2959 in China

Share Price

CN¥18.78

Change (1 day)

+5.09%

52-Week Range

CN¥15.91 - CN¥25.15

All Time High

CN¥38.83